Espínola-Arredondo, Ana; Muñoz-García, Félix - In: Journal of Industry, Competition and Trade 13 (2013) 3, pp. 319-338
This paper investigates a signaling entry deterrence model under learning-by-doing. We show that a monopolist’s practice of entry deterrence imposes smaller welfare losses (or larger welfare gains) when learning effects are present than when they are absent, making the intervention of...